Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

More propaganda on residential electricity prices

More propaganda on residential electricity prices

Business NZ’s claim that residential electricity prices are efficient is the third such propaganda piece in a fortnight. All are based on the Electricity Authority’s failed economic model, and on statistics that are seriously in doubt.

Wholesale prices are, however, well documented. The analyses show that wholesale prices are a mere quarter to a third of the residential power price.

The actual numbers are 7 to 10c/kWh compared to 28.5c. Therefore the Single Buyer proposal by itself won’t fix residential power bills.

It’s retail margins that have ballooned. Companies are increasingly chasing new customers, calling up or going door-to door. The study says that in the last two years there’s been a 73% increase in customers being contacted three times! Nobody’s counting the nuisance value of this to the customers themselves.

In fact, customers are simply switching off. Some because they have insulated their houses or are investing in solar energy or efficient wood burning. Others because they can’t afford it
As a result the living conditions of many would be disallowed by Occupational Safety and Health. Fixing these houses create benefits five times the costs – but the Electricity Authority’s economic model excludes their consideration.

The Business NZ study recommends a new work programme on fuel poverty. Its scope exactly matches that of a $679,000 cross-departmental study launched in 2007 but abandoned in 2010 with no explanation.

The present economic model supports a political strategy of making consumers pay for fancy infrastructure whether they want it or not. Power stations and transmission lines, fibre broadband, roads of national significance, irrigation, and the Sky City Conference centre, all fit this pattern. We pay not only in power and phone bills, but environmental damage and gambling harm.
Voters must decide whether they want these massive symbols of economic growth, or prefer investment to be made within communities, to make efficient use of the resources we all require.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Environment Commission: Time For Historic Step For Climate Change

Dr Wright has recommended a new Act that is similar to the UK Climate Change Act...

A similar law in New Zealand would put emissions targets into law, and require the setting of carbon budgets that would act as stepping stones towards the targets. It would also establish a high-powered independent expert group that would crunch the numbers and provide objective advice. More>>

 

Gordon Campbell: On Act, The Centre-Right’s Perennial Ugly Duckling

Act endures, despite its thoroughly fossilized views: it is the only lighthouse still shining the beams of 1980s market fundamentalism out into the electoral darkness. More>>

ALSO:

Immigration: Changes To Temporary Work Visas Confirmed

“The consultation process resulted in around 170 submissions and today’s announcement shows the Government has listened to the feedback raised by employers and industry, particularly in the regions,” Mr Woodhouse says. More>>

ALSO:

Rental WOF Passes 2nd Reading: Little Bill Goes A Long Way

The strong call from the public for warm, dry, healthy rentals has helped the Healthy Homes Guarantee Bill to pass its second reading, says Leader of the Opposition Andrew Little. More>>

ALSO:

Incomes & Housing Costs: No Signs Of Real Improvement For Poorest Families

CPAG: The latest Household Incomes Survey report shows that not everyone is better off, despite that income poverty seems to have lessened since the Global Financial Crisis in 2008. More>>

ALSO:

Turei To Be Interviewed By MSD: Gordon Campbell On The Real Truth Deficit In Welfare

It has been astonishing to see the amount of time and energy being spent on what Greens co-leader Metiria Turei did or didn’t do properly as a beneficiary back in the early 1990s – as compared to how little time and energy is being put into the point of her personal example. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election